Question: A study reveals that the average amount withdrawn at automatic teller machines (ATMs) is $160 per withdrawal. This figure was determined using a random sample
A study reveals that the average amount withdrawn at automatic teller machines (ATMs) is $160 per withdrawal. This figure was determined using a random sample of 91 withdrawals at ATMs. The sample standard deviation is calculated to be $10 per withdrawal. Assume the dollar values of the withdrawals are normally distributed. Using the sample information, find a 90% confidence interval for the population variance of the withdrawal amount at ATMs.
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